Published: 2026-07-21T13:38:21.000Z
Chart EUR/JPY Update: Cautious trade
2
Little change, as prices extend cautious trade within the 185.50 - 186.00 range
| Levels | Imp | Comment | Levels | Imp | Comment | |||
|---|---|---|---|---|---|---|---|---|
| R4 | 187.35 | ** | 50% ret of 1979 - 2000 fall | S1 | 185.50 | break level | ||
| R3 | 187.00 | * | congestion | S2 | 185.00 | ** | break level | |
| R2 | 186.32 | ** | 16 Jun (m) high | S3 | 184.00 | * | congestion | |
| R1 | 186.00 | ** | congestion | S4 | 183.50 | congestion |
Asterisk denotes strength of level
14:10 BST - Little change, as prices extend cautious trade within the 185.50 - 186.00 range. Intraday studies are rising, suggesting room for a test of congestion resistance at 186.00. But mixed daily readings should limit any immediate break in consolidation beneath the 186.32 monthly high of 16 June, before rising weekly charts prompt further gains. A close above here would turn sentiment positive and extend May gains initially towards congestion around 187.00. Meanwhile, support remains at 185.50. Any tests beneath here should give way to consolidation above 185.00.